Innomotics
ActiveSummary
Innomotics has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12.4m and a net result of €2.9m. Equity has been stable since 2023 (±0% per year). Its solvency ranks better than 47% of 6,172 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 18-02-2022 Normal situation
- Registered office
- 15 active companies are registered at this address Source: KBO register, as of 3 November 2026.
- Activity
- Wholesale of electrical equipment, including installation materials NACE 46643and 2 others
- Joint committee
- 209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid · annual accounts 30-09-2025
- Establishment unit
- 2.328.943.967 1654 Beersel, since 14-03-2022
- Financial year end
- 30 September
- Peppol
- Reachable since 19-12-2025
Board and ownership
Board
- VANDORPE Yves Raphaël KarelDirector
- Karine GoovaertsDirector · since 01-07-2022
- Karin GOOVAERTSDirector
Shareholders
- Innomotics100%annual accounts 30-09-2025
- Dynamo Midco B.V.consolidatesannual accounts 30-09-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts to 30-09-2025
- Turnover
- €71.0m
- ▼ 2.6%
- Profit
- €2.9m
- ▲ 22.1%
- Equity
- €12.4m
- =
- Total assets
- €29.2m
- ▲ 18.1%
- Employees on 30-09-2025
- 33
- ▲ 6.5%
Score breakdownraises riskLiquidity: current ratio 1.76, cash €1.2m1 of the last 3 accounts latelowers riskActivity since 1919 (company founded in 2022)Size: turnover €71.0m, 44 FTE, total assets €29.2mShow the evidence
Checked score
Score 2025
91
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 41% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Average
Solvency
68-7
equity 42.6% of total assets
Liquidity
27-10
short-term debt 54.8% · cash 4.3%
Profitability
68+1
return on assets 10.1%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025highest value
04-2025: 0.1%▼ -0.2 percentage points vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €1,100,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.76 (2.07 in 2024), above the usual 1.5. Short-term debt is 54.8% and cash 4.3% of total assets. However, 57.4% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small). It does better than 50% of them on solvency, 26% on liquidity, 56% on profitability and 34% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 05-03-2026, 56 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
56 days early
2024
36 days early
2023
48 days late
2022
44 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 22 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 21 March (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end03-11-2026 today30-04-2027 deadline
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 05-03-2026 PDF all 4 filings
Turnover
€71.0m▼ 2.6%
2024 · €72.9m
EBIT margin
4.8%▲ 0.3pp
2024 · 4.5%
Net result
€2.9m▲ 22.1%
2024 · €2.4m
Working capital
€12.2m=
2024 · €12.2m
In the rankings
#4 company by total assets in Beersel, Wholesale and retail trade sector#5 company by equity in Beersel, Wholesale and retail trade sector#8 employer in Beersel, Wholesale and retail trade sector
Multi-year overview
2023 to 2025, 3 financial yearsTurnover
€71.0m
▼ 2.6%
2025
20232025
Operating result
€3.4m
▲ 3.7%
2025
20232025
Net result
€2.9m
▲ 22.1%
2025
highest quarter of the sector
20232025
EBIT margin
4.8%
▲ 0.3pp
2025
20232025
Equity
€12.4m
=
2025
highest quarter of the sector
20232025
Total assets
€29.2m
▲ 18.1%
2025
highest quarter of the sector
20232025
Debt
€16.0m
▲ 40.2%
2025
20232025
Working capital
€12.2m
=
2025
highest quarter of the sector
20232025
Solvency
42.6%
▼ 7.7pp
2025
middle half of the sector
20232025
Current ratio
1.76
▼ 0.31
2025
middle half of the sector
20232025
Return on assets (ROA)
10.1%
▲ 0.3pp
2025
highest quarter of the sector
20232025
Staff (FTE)
44
▲ 4.8%
2025
highest quarter of the sector
20232025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202320242025
Turnover€55.9m-€72.9m▲ 30.3%€71.0m▼ 2.6%
Operating result€1.7m-€3.3m▲ 95.7%€3.4m▲ 3.7%
Net result€1.2mabove the sector's middle half-€2.4mabove the sector's middle half▲ 106%€2.9mabove the sector's middle half▲ 22.1%
EBIT margin3.0%-4.5%▲ 1.5pp4.8%▲ 0.3pp
Equity€12.4mabove the sector's middle half-€12.4mabove the sector's middle half=€12.4mabove the sector's middle half=
Total assets€24.5mabove the sector's middle half-€24.8mabove the sector's middle half▲ 1.2%€29.2mabove the sector's middle half▲ 18.1%
Debt€11.1m-€11.4m▲ 2.9%€16.0m▲ 40.2%
Working capital€12.0mabove the sector's middle half-€12.2mabove the sector's middle half▲ 1.0%€12.2mabove the sector's middle half=
Solvency50.9%within the sector's middle half-50.3%within the sector's middle half▼ 0.6pp42.6%within the sector's middle half▼ 7.7pp
Current ratio2.09within the sector's middle half-2.07within the sector's middle half▼ 0.021.76within the sector's middle half▼ 0.31
Return on assets (ROA)4.8%within the sector's middle half-9.8%above the sector's middle half▲ 5.0pp10.1%above the sector's middle half▲ 0.3pp
Staff (FTE)33.2above the sector's middle half-42above the sector's middle half▲ 26.5%44above the sector's middle half▲ 4.8%
above
within
below
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 4% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Large changes and their cause
- 2024 Net result +106% on 2023. Part of SIEMENS received in a demerger, Official Gazette 27-09-2023, in the previous financial year. That operation now counts for a full year for the first time.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €29.2m
Fixed assets
€1.1m ▼ 11.7%
Current assets
€28.2m ▲ 19.6%
Equity and liabilities €29.2m
Equity
€12.4m =
Provisions
€770,557 ▼ 12.6%
Debt
€16.0m ▲ 40.2%
Debt's share of the balance-sheet total rises from 46.2% to 54.8%. Debt is higher.
Key figures and ratios
EBITDA
€3.5m▲
2024 · €3.4m
Cash flow
€3.1m▲
2024 · €2.6m
Quick ratio
1.53▼
2024 · 1.79
Debt to equity
1.29▲
2024 · 0.92
ROE
23.7%▲
2024 · 19.4%
Interest coverage
42.93▼
2024 · 87.94
Debt ≤ 1 year
€16.0m▲
2024 · €11.4m
Debt > 1 year
€0▼
2024 · €27,470
Income taxes
€1.0m▲
2024 · €864,306
Customer credit
65 days▼
2024 · 82 days
Supplier credit
48 days▲
2024 · 25 days
Staff costs
€5.5m▲
2024 · €4.7m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|
| Employees at the balance-sheet date | 27 | 31 | 33 |
| full-time | 27 | 31 | 31 |
| part-time | - | - | 2 |
| in full-time equivalents | 27 | 31 | 32.6 |
| Average over the year, in full-time equivalents | 23.2 | 28.4 | 32.2 |
| On a permanent contract | 27 | 31 | 33 |
| Joined | 14 | 6 | 2 |
| Left | 3 | 2 | 0 |
| Agency workers, average number | - | - | 0 |
| Training hours | 3,560 | 924 | 1,690 |
Source: social balance sheet in the 2023 to 2025 annual accounts
Investments
| Item | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|
| Tangible fixed assets | €22,234 | €10,149 | - |
| Intangible fixed assets | €1.3m | - | - |
| Depreciation and write-downs of the year | €38,726 | €140,968 | €143,519 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Auditor
The auditor is PricewaterhouseCoopers Reviseurs d'Entreprises.
| Item | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|
| Fee for the audit | €31,282 | €28,700 | €34,000 |
| Other work by the auditor | €26,000 | €1,667 | - |
Source: notes to the 2023 to 2025 annual accounts (relations with the auditor)
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Operating income70/76A | €58.0m | €72.9m | €73.7m | ▲ 1.0% |
| Turnover70 | €55.9m | €72.9m | €71.0m | ▼ 2.6% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | €0.5m | -€1.2m | €1.0m | - |
| Other operating income74 | €1.6m | €1.2m | €1.7m | ▲ 38.0% |
| Operating charges60/66A | €56.4m | €69.6m | €70.3m | ▲ 0.9% |
| Goods for resale, raw materials and consumables60 | €48.0m | €61.8m | €62.5m | ▲ 1.1% |
| Purchases600/8 | €47.7m | €61.6m | €62.0m | ▲ 0.8% |
| Change in stocks: decrease (increase)609 | €0.3m | €0.2m | €0.4m | ▲ 97.9% |
| Services and other goods61 | €2.4m | €3.1m | €2.2m | ▼ 26.9% |
| Remuneration, social security and pensions62 | €4.5m | €4.7m | €5.5m | ▲ 17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.04m | €0.1m | €0.1m | ▲ 1.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €0.1m | -€0.07m | -€0.004m | ▲ 93.9% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | -€0.04m | -€0.02m | -€0.1m | ▼ 424% |
| Other operating charges640/8 | €0.01m | €0.05m | €0.02m | ▼ 58.8% |
| Non-recurring operating charges66A | €1.4m | - | - | - |
| Operating profit (loss)9901 | €1.7m | €3.3m | €3.4m | ▲ 3.7% |
| Financial income75/76B | €0.1m | €0.2m | €1.0m | ▲ 556% |
| Recurring financial income75 | €0.1m | €0.2m | €1.0m | ▲ 556% |
| Income from current assets751 | €0.07m | €0.1m | €0.7m | ▲ 589% |
| Other financial income752/9 | €0.06m | €0.04m | €0.3m | ▲ 477% |
| Financial charges65/66B | €0.2m | €0.2m | €0.4m | ▲ 168% |
| Recurring financial charges65 | €0.2m | €0.2m | €0.4m | ▲ 168% |
| Debt charges650 | €0.06m | €0.04m | €0.08m | ▲ 112% |
| Other financial charges652/9 | €0.1m | €0.1m | €0.3m | ▲ 186% |
| Non-recurring financial charges66B | - | - | €257 | - |
| Profit (loss) for the period before taxes9903 | €1.7m | €3.3m | €4.0m | ▲ 21.4% |
| Income taxes67/77 | €0.5m | €0.9m | €1.0m | ▲ 19.3% |
| Taxes670/3 | €0.5m | €0.9m | €1.0m | ▲ 17.5% |
| Tax adjustments and reversals of tax provisions77 | - | €0.01m | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €1.2m | €2.4m | €2.9m | ▲ 22.1% |
| Profit (loss) for the period to be appropriated9905 | €1.2m | €2.4m | €2.9m | ▲ 22.1% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €24.5m | €24.8m | €29.2m | ▲ 18.1% |
| Fixed assets21/28 | €1.3m | €1.2m | €1.1m | ▼ 11.7% |
| Intangible fixed assets21 | €1.3m | €1.2m | €1.0m | ▼ 11.4% |
| Tangible fixed assets22/27 | €0.01m | €0.02m | €0.01m | ▼ 31.4% |
| Plant, machinery and equipment23 | €0.01m | €0.01m | €0.01m | ▼ 31.6% |
| Furniture and vehicles24 | €0.003m | €0.002m | €0.002m | ▼ 30.2% |
| Current assets29/58 | €23.1m | €23.6m | €28.2m | ▲ 19.6% |
| Stocks and contracts in progress3 | €4.6m | €3.1m | €3.7m | ▲ 17.8% |
| Stocks30/36 | €2.2m | €2.0m | €1.6m | ▼ 21.1% |
| Goods purchased for resale34 | €2.2m | €2.0m | €1.6m | ▼ 21.1% |
| Contracts in progress37 | €2.4m | €1.2m | €2.1m | ▲ 84.3% |
| Amounts receivable within one year40/41 | €18.6m | €18.5m | €23.2m | ▲ 25.8% |
| Trade receivables40 | €15.3m | €16.5m | €12.6m | ▼ 23.6% |
| Other amounts receivable41 | €3.3m | €2.0m | €10.7m | ▲ 429% |
| Cash at bank and in hand54/58 | €0.008m | €1.9m | €1.2m | ▼ 35.6% |
| Deferred charges and accrued income490/1 | €0.01m | €0.02m | €0 | ▼ 100.0% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €24.5m | €24.8m | €29.2m | ▲ 18.1% |
| Equity10/15 | €12.4m | €12.4m | €12.4m | = |
| Contributions10/11 | €10.3m | €10.3m | €10.3m | = |
| Capital10 | €10.3m | €10.3m | €10.3m | = |
| Issued capital100 | €10.3m | €10.3m | €10.3m | = |
| Reserves13 | €2.1m | €2.1m | €2.1m | = |
| Non-distributable reserves130/1 | €1.0m | €1.0m | €1.0m | = |
| Legal reserve130 | €1.0m | €1.0m | €1.0m | = |
| Tax-exempt reserves132 | €1.1m | €1.1m | €1.1m | = |
| Provisions and deferred taxes16 | €0.9m | €0.9m | €0.8m | ▼ 12.6% |
| Provisions for liabilities and charges160/5 | €0.9m | €0.9m | €0.8m | ▼ 12.6% |
| Pensions and similar obligations160 | €0.04m | €0.02m | €0.009m | ▼ 60.1% |
| Other liabilities and charges164/5 | €0.9m | €0.9m | €0.8m | ▼ 11.4% |
| Amounts payable17/49 | €11.1m | €11.4m | €16.0m | ▲ 40.2% |
| Amounts payable after more than one year17 | €0.02m | €0.03m | €0 | ▼ 100% |
| Other amounts payable178/9 | €0.02m | €0.03m | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €11.1m | €11.4m | €16.0m | ▲ 40.5% |
| Trade debts44 | €1.9m | €4.3m | €8.2m | ▲ 90.8% |
| Suppliers440/4 | €1.9m | €4.3m | €8.2m | ▲ 90.8% |
| Advances received on contracts in progress46 | €4.6m | €2.5m | €2.7m | ▲ 10.1% |
| Taxes, remuneration and social security45 | €1.8m | €2.2m | €2.1m | ▼ 3.5% |
| Taxes450/3 | €0.5m | €0.8m | €0.9m | ▲ 7.5% |
| Remuneration and social security454/9 | €1.4m | €1.4m | €1.2m | ▼ 9.9% |
| Other amounts payable47/48 | €2.8m | €2.5m | €3.0m | ▲ 21.7% |
| Accrued charges and deferred income492/3 | €45 | - | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.2m | €2.4m | €2.9m | ▲ 22.1% |
| + Depreciation and write-downs630 | €0.04m | €0.1m | €0.1m | ▲ 1.8% |
| Operating cash flow (approximation) | €1.2m | €2.6m | €3.1m | ▲ 21.0% |
| Investment in fixed assets (approximation) | - | -€0.01m | -€0.004m | ▲ 63.1% |
| Change in cash | - | €1.9m | -€0.7m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,127 companies had the same profile as Innomotics has now. Two years later, 97.2% were still going and 0.8% had gone bankrupt.
- Small
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
97.2%
was still going
1.9%
stopped otherwise
0.8%
went bankrupt
That fits the bankruptcy probability of Innomotics itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,127 companies, not a prediction for Innomotics. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Directors
3 directors, no change since 2025
Board 3
VANDORPE Yves Raphaël Karel
Current
Director · appointed in the act of 22-02-2022
Karine Goovaerts
Current
Director (not named in the articles) · since 01-07-2022 · listed in the 2025 annual accounts, filed on 05-03-2026
Karin GOOVAERTS
Current
Sole director · appointed in the act of 30-10-2025 · term without a fixed end
Statutory auditor 1
PricewaterhouseCoopers Reviseurs d'Entreprises
Current
Statutory auditor · since 16-03-2024 · 3-year term from 2024 · permanent representative: Romain Seffer · listed in the 2025 annual accounts, filed on 05-03-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 11. VERTEGENWOORDIGINGSBEVOEGDHEID. De vennootschap wordt jegens derden en in rechte als eiser of als verweerder geldig…”
deed of 30-10-2025Owners and capital
Shareholders
2 ownersChain of control
- Dynamo Midco B.V.NL
- InnomoticsDE
- Innomotics
Owners 2
- InnomoticsDEparentSourceown accounts 30-09-2025100%
- Dynamo Midco B.V.NLconsolidating parentconsolidates
Former owners (1)
-
100%
Capital transactions
Shareholders according to the deeds
Stated in the act
act of 29-11-2023 ↗
- één aandeelhouder all shares
Stated in the act
act of 16-05-2023 ↗
- Siemens International Holding B.V. (BE 0559.947.247) all shares
Stated in the act
act of 24-10-2022 ↗
- éénaandeelhouder all shares
At incorporation
act of 22-02-2022 ↗
- Siemens International Holding B.V. (BE 0559.947.247) 615 shares (100%) · €61,500 in cash
Capital over time
- 27-09-2023 Capital increase of €6,399,507.06 · to €10,317,009.13 · 69,532 new shares
- 29-07-2022 Capital increase of €3,856,002.07 · to €3,917,502.07
- 22-02-2022 Incorporation · €61,500 · 615 shares
Mandate history
9 people, 4 in office
- Board
- Day-to-day management
- Statutory auditor
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| VANDORPE Yves Raphaël Karel |
|
| Karine Goovaerts |
|
| Karin GOOVAERTS |
|
| PricewaterhouseCoopers Reviseurs d'Entreprises |
|
| Thomas Bössendörfer |
|
| Yves Vandorpe |
|
| Ernst & Young Bedrijfsrevisoren |
|
| BÖßENDÖRFER Thomas |
|
| KÖNZE Sina |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Enige bestuurder, 1”
Articles of association, deed of 30-10-2025 (in Dutch)
Network & group
Acquisitions and mergers
2 transactionsCompanies at the same address
14 other companies- SSM Siemens-Equans Châtelet Registered office · since 2024 1012067217
- LOC-Service-Siemens-NMBS Registered office · since 2023 0801572069
- SODRAEP - SADE Registered office · since 2021 0767822306
- Siemens Mobility - Jacops Registered office · since 2020 0752513330
- Siemens Energy - Fabricom Registered office · since 2020 0764633380
- SM SODRAEP - EXPLOTECH Registered office · since 2020 0747514761
- Siemens Energy Registered office · since 2019 0737656591
- Sodraep - Eurosol Fondations - Socogetra Registered office · since 2018 0712935053
- Siemens Mobility Registered office · since 2018 0691884964
- SM Siemens Mobility & Fabricom - AED 1436 Registered office · since 2018 0689659409
Connections & network
3 current directorsThe network starts from the directors of Innomotics. Every other company they run is a node.
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Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
06-03
Gazette deed
Resignations & appointmentsBranch representative · Power of attorney4 points ▸
Gazette deed
Resignations & appointments
Branch representative · Power of attorney4 points ▸
- Board meeting, 22-01-2026
- Branch representative, “verantwoordelijke van het Nederlands bijkantoor, appointment” (deed in Dutch)
- Branch representative, “Gevolmachtigde van het Nederlands bijkantoor, cessation” (deed in Dutch)
- Power of attorney, Rob Verhagen
05-03
full format · 56 days before the deadline
2025
30-10
Gazette deed
Resignations: Thomas Bössendörfer (director) and Yves Vandorpe (director)Appointment: Karin GOOVAERTS (sole director) · Amendment of the articles · Power of attorney6 points ▸
Gazette deed
Resignations: Thomas Bössendörfer (director) and Yves Vandorpe (director)
Appointment: Karin GOOVAERTS (sole director) · Amendment of the articles · Power of attorney6 points ▸
- General meeting, 16-10-2025
- Amendment of the articles, 1
- Director resignation, Thomas Bössendörfer (director)
- Director resignation, Yves Vandorpe (director)
- Director appointment, Karin GOOVAERTS (sole director)
- Power of attorney, mentioned 2 times in the deed
30-09
Financial
Highest result from 2023 to 2025net €2.9m ▲22.1%
The operating result of €3.4m and the net result of €2.9m are both a record.
28-04
Gazette deed
Reappointment: Karine Goovaerts (director)2 points ▸
Gazette deed
Reappointment: Karine Goovaerts (director)
2 points ▸
- General meeting, 20-03-2025
- Director reappointment, Karine Goovaerts (director (not named in the articles))
25-03
full format · 36 days before the deadline
2024
17-06
full format · 48 days late
05-04
Gazette deed
Resignation: EY Bedrijfsrevisoren BV (statutory auditor)Permanent representatives: Daniel Wuyts and Romain Seffer · Appointment: PwC Bedrijfsrevisoren BV (statutory auditor)5 points ▸
Gazette deed
Resignation: EY Bedrijfsrevisoren BV (statutory auditor)
Permanent representatives: Daniel Wuyts and Romain Seffer · Appointment: PwC Bedrijfsrevisoren BV (statutory auditor)5 points ▸
- General meeting, 21-03-2024
- Auditor resignation, EY Bedrijfsrevisoren BV (statutory auditor)
- Permanent representative, Daniel Wuyts
- Auditor appointment, PwC Bedrijfsrevisoren BV (statutory auditor)
- Permanent representative, Romain Seffer (vertegenwoordiger gemachtigd haar te vertegenwoordigen en belast met uitoefening mandaat in naam en voor rekening van pwc bedrijfsrevisoren bv)
2023
29-11
Gazette deed
MiscellaneousShareholding1 point ▸
Gazette deed
Miscellaneous
Shareholding1 point ▸
- één aandeelhouder holds all the shares
27-09
Gazette deed
Demerger: SIEMENS splits off to Siemens Large DrivesCompany renamed from Siemens Large Drives to Innomotics · Capital increase of €6,399,507.06 to €10,317,009.13 · Accounting effect16 points ▸
Gazette deed
Demerger: SIEMENS splits off to Siemens Large Drives
Company renamed from Siemens Large Drives to Innomotics · Capital increase of €6,399,507.06 to €10,317,009.13 · Accounting effect16 points ▸
- Other provision, “verzaking aan verstrekken van inlichtingen inzake eventuele belangrijke wijzigingen in het vermogen, TWEEDE BESLISSING” (deed in Dutch)
- Demerger, “Verrichting met splitsing gelijkgesteld-Overgang ten algemene titel van een deel van het vermogen van SIEMENS-Het overgedragen vermogen maakt een bedrijfstak ui…” (deed in Dutch)
- Other provision, “overgang MC Werknemers, met behoud van rechten en verplichtingen onder de op datum van overdracht geldende werk- en bezoldigingsvoorwaarden” (deed in Dutch)
- Other provision, “slapers, mensen die voorheen bij de MC Business tewerkgesteld waren maar die inmiddels de vennootschap Siemens verlaten hebben en hun opgebouwde pensioenreserve…” (deed in Dutch)
- Accounting effect, 01-03-2023
- Capital increase, €6,399,507.06
- Other provision, “Vaststelling van de kapitaalverhoging, VIJFDE BESLISSING” (deed in Dutch)
- Capital, €10,317,009.13
- Name change, Innomotics
- Other provision, “Volmacht voor de coördinatie van de statuten, NEGENDE BESLISSING” (deed in Dutch)
- Power of attorney
- Other provision, “uitreiking vóór registratie, artikel 173, 1°bis van het Wetboek van registratierechten” (deed in Dutch)
- The act holds 4 more points.
27-09
Gazette deed
Power of attorney: Steven Cassiers2 points ▸
Gazette deed
Power of attorney: Steven Cassiers
2 points ▸
- Board meeting, 20-07-2023
- Power of attorney, Steven Cassiers
16-05
Gazette deed
Demerger proposal: Siemens Large Drives splits off to SiemensDirector in office · Name clause · Registered office clause34 points ▸
Gazette deed
Demerger proposal: Siemens Large Drives splits off to Siemens
Director in office · Name clause · Registered office clause34 points ▸
- Board meeting, “goedkeuring Partieel Splitsingsvoorstel, raad van bestuur van de Verkrijgende Vennootschap” (deed in Dutch)
- Director in office, Yves Vandorpe (director)
- Director in office, Karine Goovaerts (director)
- Name clause, Siemens
- Name clause, Siemens Large Drives
- Registered office clause, “Guido Gezellestraat 123,1654 Beersel (Huizingen),België” (deed in Dutch)
- Registered office clause, “Guido Gezellestraat 125,1654 Beersel (Huizingen),België” (deed in Dutch)
- Purpose change
- Other provision, “over te dragen vermogensbestanddelen MC Business, MC Business” (deed in Dutch)
- Other provision, “MC Werknemers, niet-exhaustieve lijst per 2023-02-28 in bijlage C” (deed in Dutch)
- Other provision, “alle activa en passiva waarvan toekenning niet met zekerheid vastgesteld kan worden blijven bestanddelen van vermogen Siemens, niet toegekende bestanddelen” (deed in Dutch)
- Demerger, “partiële splitsing, alle nieuwe aandelen toegekend aan enige aandeelhouder van Partieel Gesplitste Vennootschap” (deed in Dutch)
- The act holds 22 more points.
Show earlier events
17-03
full format · 44 days before the deadline
2022
24-10
Gazette deed
Capital & sharesShareholding2 points ▸
Gazette deed
Capital & shares
Shareholding2 points ▸
- Other provision, 01-08-2022, “neerlegging verklaring vereniging alle aandelen in één hand” (deed in Dutch)
- éénaandeelhouder holds all the shares
29-07
Gazette deed
Transfer: SIEMENS transfers a branch of activity to SIEMENS LARGE DRIVESCapital increase of €3,856,002.07 to €3,917,502.07 · Appointment: Karine Goovaerts (director) · Declaration16 points ▸
Gazette deed
Transfer: SIEMENS transfers a branch of activity to SIEMENS LARGE DRIVES
Capital increase of €3,856,002.07 to €3,917,502.07 · Appointment: Karine Goovaerts (director) · Declaration16 points ▸
- Transfer of a branch of activity or universality, “branch of activity, LDA Business” (deed in Dutch)
- Declaration, “vrijstelling cijfer-en balansmatige weergave, enige aandeelhouder” (deed in Dutch)
- Share issue, 46529, 0
- Accounting effect, 01-03-2022
- Capital increase, €3,856,002.07
- Amendment of the articles, 5
- Director appointment, Karine Goovaerts (director (not named in the articles))
- Other provision, “vaststelling kapitaalverhoging, ZESDE BESLISSING” (deed in Dutch)
- Other provision, “aanpassing vergoeding commissaris, NEGENDE BESLISSING” (deed in Dutch)
- Other provision, “volmacht coördinatie statuten, TIENDE BESLISSING” (deed in Dutch)
- Power of attorney
- General meeting, 30-06-2022
- The act holds 4 more points.
03-05
Gazette deed
Demerger proposal: Siemens NV splits off to Siemens Large Drives NVIncorporation · Director in office · Share issue33 points ▸
Gazette deed
Demerger proposal: Siemens NV splits off to Siemens Large Drives NV
Incorporation · Director in office · Share issue33 points ▸
- Demerger, “partiële splitsing, LDA Business” (deed in Dutch)
- Other provision, “ter griffie van de ondernemingsrechtbank, neerleggingsverplichting Partieel Splitsingsvoorstel” (deed in Dutch)
- Other provision, “vastlegging Partieel Splitsingsvoorstel en inspanningsverbintenis, doen wat in hun macht ligt om voorgestelde partiële splitsing tot stand te brengen” (deed in Dutch)
- Other provision, “wenselijkheid voorgestelde partiële splitsing, wereldwijde interne herstructurering van LDA Business” (deed in Dutch)
- Incorporation, 30-06-1919
- Board meeting, “unanieme goedkeuring van Partieel Splitsingsvoorstel, raad van bestuur van de Partieel Gesplitste Vennootschap” (deed in Dutch)
- Director in office, Sergio Molinari (director)
- Director in office, Ilse Geukens (director)
- Incorporation, 15-02-2022
- Other provision, “statuten van Verkrijgende Vennootschap” (deed in Dutch)
- Board meeting, “unanieme goedkeuring van Partieel Splitsingsvoorstel, raad van bestuur van de Verkrijgende Vennootschap” (deed in Dutch)
- Director in office, Yves Vandorpe (director)
- The act holds 21 more points.
11-04
Gazette deed
Appointment: Yves Vandorpe (gedelegeerde tot het dagelijks bestuur)2 points ▸
Gazette deed
Appointment: Yves Vandorpe (gedelegeerde tot het dagelijks bestuur)
2 points ▸
- Board meeting, 14-03-2022
- Director appointment, Yves Vandorpe (gedelegeerde tot het dagelijks bestuur)
11-04
Gazette deed
Registered office moved within Beersel2 points ▸
Gazette deed
Registered office moved within Beersel
2 points ▸
- Registered-office move, 1654 Beersel(Huizingen),Guido Gezellestraat 125
- Board meeting, 24-03-2022
22-02
Gazette deed
IncorporationStarting capital €61,500 · Appointments: VANDORPE Yves Raphaël Karel, KÖNZE Sina and 2 others · Registered office clause10 points ▸
Gazette deed
Incorporation
Starting capital €61,500 · Appointments: VANDORPE Yves Raphaël Karel, KÖNZE Sina and 2 others · Registered office clause10 points ▸
- Incorporation, “SIEMENS LARGE DRIVES” (deed in Dutch)
- Founding capital, €61,500
- Registered office clause, “Guido Gezellestraat 123,1654 Huizingen(Beersel)” (deed in Dutch)
- Capital, €61,500
- Director appointment, VANDORPE Yves Raphaël Karel (director)
- Director appointment, KÖNZE Sina (director)
- Director appointment, BÖßENDÖRFER Thomas (director)
- Auditor appointment, Ernst & Young Bedrijfsrevisoren (statutory auditor)
- Power of attorney, Ann CASSELMAN
- Founder, Siemens International Holding B.V. (sole founder)
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
On 18 February 2022, Innomotics was incorporated as a public limited company by Siemens International Holding B.V., with a starting capital of €61,500.12 In 2022 the registered office moved to Beersel.3 The capital was increased 2 times between 2022 and 2023, most recently to €10.3m.45 Today the board has 3 members.6 Turnover went from €55.9m in 2023 to €71.0m in 2025 and headcount from 33.2 to 44 full-time equivalents.7
Company details
Register details
Identity
KBO recordName
Innomotics in Dutch
Former name
Siemens Large Drives until 01-07-2023 · act of 27-09-2023
Enterprise number
0782.373.789
LEI code
5299000V3GT7ZWGBTM93
live in the LEI register
Legal form
Public limited company
Status
Active, normale toestand
Founded
18-02-2022
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 22-02-2022 (in Dutch)Name clauseThe company operates under this name according to its articles.
Siemens Large Drives
deed of 03-05-2022 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Guido Gezellestraat 125,1654 Beersel(Huizingen),België”
deed of 03-05-2022 (in Dutch)Registered office and establishments
Registered office
Guido Gezellestraat 125, 1654 Beersel, Belgium
Establishment unit
Innomotics, Guido Gezellestraat 125, 1654 Beersel since 14-03-2022 · unit number 2.328.943.967
Activities
NACEBEL 2025VAT activities
46643
Wholesale of electrical equipment, including installation materials main activity
33120
Repair and maintenance of machinery
33200
Installation of industrial machinery and equipment
Social security (RSZ) activities
46643
Wholesale of electrical equipment, including installation materials main activity
Codes under NACEBEL 2008
VAT activities
46693
Wholesale trade main activity
33120
Repair, maintenance and installation of machinery and equipment
33200
Installation of industrial machinery and equipment
Social security (RSZ) activities
46693
Wholesale trade main activity
Joint committee
209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid annual accounts 30-09-2025
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 27-09-2023 (in Dutch)
“De ontwikkeling, constructie, fabricage, verkoop en service van elektromotoren, motorreductoren, spindelunits, omvormers en generatoren…”
Text of the purpose
“De ontwikkeling, constructie, fabricage, verkoop en service van elektromotoren, motorreductoren, spindelunits, omvormers en generatoren, evenals andere componenten en montageonderdelen van de elektrische aandrijftechniek, ook voor gebruik in voertuigen en testbanken, en van mechanische en elektromechanische onderdelen, componenten apparaten en systemen van gereedschappen, inrichtingen en speciale machines, evenals het verlenen van diensten voor oplossingen voor verschillende industrieën op het gebied van elektrificatie, automatisering en digitalisering.”
Invoicing and payment
VAT number
BE 0782.373.789
Financial year and general meeting
Accounts at the NBBFinancial year end
30-09
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Thursday of March at 14:00
deed of 30-10-2025 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
2.9 ha
Building footprint
6,190 m²
Building volume
52,298 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23035A0110/00K000 | Flanders | 2.9 ha | 1 · 6,190 m² | 14.9 m · 2 |